The Nexus between Corporate Financial Ratio and Price Earnings Performance: Evidence from President Election Period in Indonesia
Suham Cahyono,
Hendri Arya Fernando,
Rieswandha Dio Primasatya
Abstract:This research aims to obtain an empirical overview of the influence of financial performance on stock prices in situations of political uncertainty in Indonesia. Our sample includes all non-financial public companies listed on the Indonesia Stock Exchange from 2011 to 2019, totalling 1,899 company-years. This study uses fixed-effects regression to test the hypothesis. The researchers found that financial performance positively and negatively affects stock prices. Specifically, we found a negative relationship … Show more
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